David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group, in the latest episode of the Common Area podcast.
A successful sponsor will need to have the ability to adapt to an ever-changing real estate landscape.
Rescue capital could make a dent in the amount of distressed real estate deals in the market.
So far, insurers have been balking at paying business interruption plans for pandemic shutdowns, but that is likely to change.
Labor costs in the sector are increasing as operators confront labor shortages and higher risk to staff.
Many are having difficulty completing their programs’ internship requirements, and onboarding for first jobs is challenging via Zoom.